In the Company of Owners: The Truth about Stock Options (and why Every Employee Should Have Them)

Front Cover
Basic Books, 2003 - Business & Economics - 345 pages
0 Reviews
The string of business scandals that recently engulfed America painted a picture of corporate chieftains lining their pockets by cutting corners, cooking the books, and duping gullible investors. In doing so, greedy CEOs have hijacked what could be one of the most important business innovations in decades: stock options for all employees.Joseph Blasi, Douglas Kruse, and Aaron Bernstein-all leading experts on employee ownership-show how American companies would perform much better if they followed the lead of many high-tech firms and granted options to their entire workforce, rather than to just a tiny corporate elite. Using SEC data in a way never done before, they document the vast wealth executives have accumulated for themselves. It shows how the abuse of options has taken place not just at scandal-ridden companies such as Enron and WorldCom, but across the entire reach of corporate America.In the Company of Owners argues that there's a better way. Broad-employee ownership through stock options offers a new model for U.S. corporations and American capitalism. The authors explain how employees and shareholders alike would benefit if most large companies adopted what they call the partnership capitalism approach-using options to encourage employees to think and act like owners.A searing critique of business as usual in America's executive suites, this book offers a comprehensive vision for how stock options can enrich companies, employees, investors, and the U.S. economy as a whole. With its remarkable new evidence and astute synthesis, In the Company of Owners will change the way America thinks about stock options.Joseph R. Blasi, a sociologist, and Douglas L. Kruse, an economist, are professors at Rutgers University's School of Management and Labor Relations. Aaron Bernstein is a senior writer at Business Week magazine.

What people are saying - Write a review

In the company of owners: the truth about stock options (and why every employee should have them)

User Review  - Not Available - Book Verdict

Stock options have gotten a bad name in the recent business scandals, but Rutgers professors Blasi and Douglas Kruse and Business Week editor Aaron Bernstein argue that the abuses of a few should ... Read full review

Related books

Other editions - View all

References to this book

References from web pages

Perseus Books Home
In The Company Of Owners. by Joseph Blasi, Aaron Bernstein, Douglas Kruse. Jan 2, 2003 Hardcover US $27.50 CAN $41.50 UK £17.99 ISBN: 9780465007004 ...
www.perseusbooksgroup.com/ perseus/ book_detail.jsp?isbn=0465007007

Soundview Executive Book Summaries: Business Book Summaries in ...
Soundview Executive Book Summaries summarizes and reviews business books in print, audio, online & PDA formats. Subscribers receive monthly summaries on ...
www.summary.com/ businessweek?category=Economics

HBSWK Book Report: In the Company of Owners: The Truth About Stock ...
In the Company of Owners: The Truth about Stock Options (And Why Every Employee Should Have Them) by Joseph R. Blasi, Douglas Kruse, Aaron Bernstein ...
www.managementonly.com/ news.php/ 479/ HBSWK_Book_Report_In_the_Company_of_Owners_The_Truth_About_Stock_Options

BW Online | January 20, 2003 | Stock Options: The Right Way to Go
Adapted from In the Company of Owners: The Truth About Stock Options (And Why Every Employee Should Have Them) by Joseph Blasi, Douglas Kruse, ...
www.businessweek.com/ magazine/ content/ 03_03/ b3816091.htm

Are We Out of Options? | Fast Company
... senior writer Aaron Bernstein) has written In the Company of Owners: The Truth About Stock Options (and Why You Should Have Them) (Basic Books, 2003). ...
www.fastcompany.com/ magazine/ 67/ realitycheck.html

ipac2.0
In the company of owners : the truth about stock options (and why every employee should have them) / Joseph Blasi, Douglas Kruse, and Aaron Bernstein. ...
occ.dalnet.lib.mi.us/ ipac20/ ipac.jsp?session=1207584O5PU36.1871645& profile=ocah& uri=link=3100007~!236530~!3100001~!3...

Corporate Research E-Letter No. 37: Running Out of Options: Which ...
According to professors Joseph R. Blasi and Douglas L. Kruse, the authors of “In the Company of Owners: The Truth about Stock Options,” about 30% of options ...
www.corp-research.org/ archives/ jul03.htm

Beyster Institute - Frequently Asked Questions
According to In The Company of Owners: The Truth about Stock Options (And Why Every Employee Should Have Them) by Aaron Bernstein, Joseph Blasi and Douglas ...
beysterinstitute.org/ about_employee_ownership/ frequently_asked_questions.html

technet
In their recent book, In the Company of Owners: The Truth About Stock Options And Why Every Employee Should Have Them, Rutgers University Professors Joseph ...
www.technet.org/ StockOptions/ option_comment_0203/

Hey, they really did get rich - CNET News.com
"In the Company of Owners: The Truth About Stock Options (And Why All Employees Should Have Them)," by Joseph Blasi, Douglas Kruse and Aaron Bernstein, ...
www.news.com/ 2008-1082-980173.html

About the author (2003)

Joseph Blasi and Douglas Kruse are professors at Rutgers School of Management and Labor Relations, in Piscataway, New Jersey. Aaron Bernstein is an associate editor of BusinessWeek and lives in Washington, D.C. Joseph Blasi and Douglas Kruse are professors at Rutgers School of Management and Labor Relations, in Piscataway, New Jersey. Aaron Bernstein is an associate editor of BusinessWeek and lives in Washington, D.C. Joseph Blasi and Douglas Kruse are professors at Rutgers School of Management and Labor Relations, in Piscataway, New Jersey. Aaron Bernstein is an associate editor of BusinessWeek and lives in Washington, D.C.

Bibliographic information